RBC Capital Stick to Their Buy Rating for SailPoint Technologies Holdings By Investing.com – Investing.com

RBC Capital Stick to Their Buy Rating for SailPoint Technologies Holdings By Investing.com – Investing.com

RBC Capital analyst Matthew Hedberg maintained a Buy rating on SailPoint Technologies Holdings (NYSE:) on Friday, setting a price target of $71, which is approximately 44.31% above the present share price of $49.2.

Hedberg expects SailPoint Technologies Holdings to post earnings per share (EPS) of -$0.05 for the second quarter of 2021.

The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in SailPoint Technologies Holdings, with an average price target of $68.8.The analysts price targets range from a high of $75 to a low of $64.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $103.34 million and a net profit of -$2.85 million. The company's market cap is $4.52 billion.

According to TipRanks.com, RBC Capital analyst Matthew Hedberg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 29.0% and a 72.35% success rate.

SailPoint Technologies Holdings, Inc. engages in the provision of enterprise identity governance solutions. It operates through the following geographical segments: United States; EMAE or Europe, the Middle East, and Africa; and Rest of the World. It also offers licensing of software, sale of professional services, maintenance, and technical support. The company